HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: I never would have thought

Hey Lance,, The same title of a few PMs you sent me, still unopened by the way... Why has NOT lost it's luster.. Let me count the ways,,,,, Proxy fight, Loss of Richard ( our most important promoter) New BOD with baggage, Short attack by hedge fund and others, good news always met with SP decline, News of a go it alone policy ( that alone left many specs leaving for greener pastures) The blockade, making more investors go away... the downturn in the markets, I'm sure others can add to this list.

This is not a bash and I am here to be optimistic.

I believe it will take news of major proportions to turn things around. i.e. involvement by a major or the big drills find the motherlode. What we have now is good enough for several mines, but is not being recognized. How low will the SP go? At some point long term investors will see a price that makes them mortgage the house to buy more. For some that may be now, or for others later.. Good luck to all.

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